NEEDHAM, Mass.—(BUSINESS WIRE)—October 14, 2008—
PTC
(Nasdaq: PMTC), The Product Development Company®,
today announced that Inauen-Schaetti, the international leader in
development and construction of cable lift systems, has standardized on
CoCreate,
PTC’s explicit modeling and data management
software that provides companies with a lightweight and flexible
approach to designing products. Inauen-Schaetti uses
CoCreate
Modeling™ and
CoCreate
Model Manager™ for ultimate design
flexibility and efficient project management of all its products. ACADIS
partner, COP Informatik AG, implemented the solutions and provides
complete support to the company.

Inauen-Schaetti, based in Schwanden, Switzerland, designs cable systems,
masts and gondola stations for ski lifts, monorail lift systems,
inclined elevators for mountainous terrain, transport systems for tunnel
drilling, and controlled avalanche detonation machinery for customers on
all of the continents. Designing these extremely unique systems is a
highly iterative and open process as each system must be tailored to fit
the mountain type, size, shape, terrain and weather conditions.

Inauen-Schaetti selected and deployed CoCreate Modeling to take
advantage of its explicit modeling approach for product design. CoCreate
Modeling offers the broadest possible flexibility to easily make radical
changes to models at any time throughout the design process.
Inauen-Schaetti also uses CoCreate Model Manager in conjunction with
CoCreate Modeling for fail-proof project management, collaboration and
control of design data across its sites worldwide. The company says that
in addition to the immeasurable success CoCreate Modeling has brought,
CoCreate Model Manager has reduced project length by 15-20 percent.

“We are regularly faced with tough challenges.
Every project is unique, every system is a prototype,”
said Urs Thali, head of CAD design at Inauen-Schaetti. “We
could not work without the flexibility that explicit modeling gives us
to continually try new ideas, alternative solutions, and to make the
last minute changes that our type of projects require. Even though we
are a fairly small company, PTC CoCreate makes us enormously competitive
and successful globally. We couldn’t imagine
working without the CoCreate product family.”

“The nature of Inauen-Schaetti’s
business and their design strategy literally demands PTC CoCreate,”
said Martin Neumueller, CoCreate product management director. “It
is our pleasure to provide the solutions that make Inauen-Schaetti a
global success.”

About Inauen-Schaetti

Inauen-Schaetti AG combines proximity to nature and robustness,
technical advances and engineering, as well as safe and economical
solutions into a perfect partnership for customers. The experience and
strength in innovation stem from the two enterprises Schaetti AG and
Math. Streiff AG formed the basis for the establishment of
Inauen-Schaetti AG by Arno and Bruno Inauen together with Albert
Schaetti in 1997. Inauen-Schaetti AG is a family owned business with
headquarters in Schwanden, Switzerland, where offices, development and
engineering department, and manufacturing facilities are located. A
service and storage facility is located in Siebnen, Switzerland.
Inauen-Schaetti is present on all continents. For more information,
please visit
www.seilbahnen.ch

About PTC

PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM),
content management and dynamic publishing solutions to more than 50,000
organizations worldwide. PTC customers include the world's most
innovative companies in manufacturing, publishing, services, government
and life sciences industries. PTC is included in the S&P Midcap 400 and
Russell 2000 indices. For more information on PTC, please visit
http://www.ptc.com.

Except for the historical information contained herein, matters
discussed in this news release may constitute forward-looking statements
that involve risks and uncertainties that could cause actual results to
differ materially from those projected. These include: the successful
development and integration of the technology necessary to support an
integrated Product Development System that adequately responds to the
evolving design, collaboration, and development process automation
requirements of our customers; continued growth in the adoption of PLM
solutions; and our effective coordination and manage joint activities
(including development, integration, sales, marketing, implementation
and support) with strategic technology partners to deliver and support a
suite of multiple PLM solutions as well as other risks and uncertainties
detailed from time to time in reports filed by PTC with the Securities
and Exchange Commission, including the Company's most recent reports on
Form 10-K and 10-Q. The announcement of the implementation of PTC
solutions is not necessarily indicative of the timing of recognition of
revenue therefrom or the level of revenue for any particular period.

PTC and its logo, The Product Development Company, CoCreate, CoCreate
Modeling, CoCreate Model Manager and all PTC product names and logos are
trademarks or registered trademarks of Parametric Technology Corporation
or its subsidiaries in the United States and in other countries.